$151 billion. taxes just a harley excuse. be patient. what is your reaction to that? do i believe that hardly doing this. it was one thing i will agree with. that they are using this as an excuse to take the jobs overseas. they ve shown that they ve taken jobs overseas and will continue. i appreciate your time. the author of makers and takers, a rise of finance in the fall. harley-davidson stands to lose $100 million a year. explain to us how tariffs work. they re basically a tax on doing business. countries impose tariffs on other countries and it makes products imported to the u.s. from europe or vice versa, from the u.s. to europe.
taxes just a harley excuse. be patient. #make america great again and here s how the white house national trade d peter navaro explained it. you ll see stories pop up like this in order to sway public opinion one way or another. we want harveys made here. more made here and that s going to happen under the president s trade policies. then why is harley moving? because they re trying to maximize profitability. that s what they have to do. they must do that. if a ceo says i m going to put my loyalty to presidential policy above my return to shareholders, that s not how they re run. harley doesn t want to be moving these jobs overseas. so is the message the same? trust us. they keep saying trust us. it s all going to workout but companies have to make decisions in real time based on the information they have today and the information they have today is that tariffs are going up. we don t see how this is going to end and no one is telling us
it s making is not competitive and has forced our american employers to ship those jobs overseas. and also simplified, the other gift i give people, is simplification. stop wasting all that time and money to try to comply with the code that tends to punish people who don t understand all 7,000 pages and the errors they can make. it s a really exciting time here, not just delivering on a campaign promise, executing on a moral imperative that people deserve to keep more of their hard-earned money. harris: i want to ask this question, not just the president is willing to sign something that is 21%, how what is the effect overall of that 1%? the president wanted 15% corporate rate, that was his idea. he went up to 20% when congress put that number. going 1% up on the corporate
washington, d.c. have been wrong. and they have been wrong by huge amounts. the idea that we can sit down right now and project out the next 10 years how certain tax policies will effect the economy is ridiculous. why would we not believe the economists but we will the politicians. it is is a fundamental belief that reducing taxes, having people keep more money, having businesses. the criticism of the business tax cuts, corporate tax cuts is another i rolled my eyes at. the reason is we are losing jobs. democrats for years said we are losing all these jobs overseas. businesses are moving out of this country. that is because we have the highest corporate rate in the country. the practical rate, what they actually pay puts you right above. it s true. you can certainly do better. but is this the way? you don t have to believe the
you were asked about the indictments of two individuals plus a guilty plea that worked for the trump campaign and you said nothing will derail it because we are working to solve the american people s problems. i know what you are trying to say, but what you hear is speaker ryan will ignore everything the president says, tweets, says, or is responsible for so long as the legislation will pass. the question is does this derail tax reform. two guys getting indicted for something they did before the presidential campaign started is not going to derail tax reform. it s our job to multitax. let s put it the other way around. two guys get indicted and congress is going to stop trying to cut people s taxes and get tax reand reform the tax code so we stop sending jobs overseas? that would be ridiculous. we need to focus on all of these things and we have an active russia investigation going on. we are paying attention.